Independent thinking for complex markets and current events
Blackstone allegedly loses over $600m on a single housing portfolio Here's one property pic.twitter.com/EaJ7DxjE0u — Darth Powell (@VladTheInflator) February 18, 2026 Per Grok: Blackstone bought ~90 senior housing properties (9K units) for $1.8B in 2016-17, planning to upgrade and resell. Pandemic reduced demand, high interest rates hit their $1.2B debt, and labor costs rose, leading …
Philippines’ digital ID, the digital version of the physical ID card dubbed PhilID, is the latest feature to be added to the country’s eGov PH Super App through which citizens can access many other important government services. This move comes just as the World Bank has approved $600 million fresh funding to support the country’s …
The American credit card fiasco has come to an end… 🫡 pic.twitter.com/CPOuXQPdXL — Don Johnson (@DonMiami3) August 7, 2023 The decline in revolving credit outstanding suggests Americans may be starting to cut back on credit card usage – BBG notes “If sustained, a broader spending pullback could threaten the expansion” Yes, obviously (credit card debt …
SAN FRANCISCO — President Joe Biden arrived in the Bay Area on Monday afternoon, where he visited a nature preserve in Palo Alto to announce more than $600 million for climate adaption projects. https://abc7news.com/president-joe-biden-visits-bay-area-live-2024-presidential-campaign-fundraiser/13402948/